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Apr 19, 2013
04/13
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we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how ny in 20 years? two. where do the workers come from? 10,000 baby boomers are retiring a day. one day it will be john. john's mother is 101. everyone is living like john's mother. that is the good news. if we don't reform medicaid and medicare we're going to be greece. if you don't have a legal immigration system to supplement a declining population you're committing economic suicide. here's the key to bring people from all over the world not the people who live next door. notg them in on your terms theirs. to those who say we don't need legal immigration you're crazy. look at what is going on in america. we're declining
we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how ny in 20 years? two. where do the workers come from?...
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Apr 21, 2013
04/13
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and was a flat rate local tax as opposed to a local income tax. was a duke would pay the same for local public services as a dustman. the public reacted incredibly badly. her own colleagues said the idea had to be softened and she got into the dogmatic mindset. it ultimately undid her. --st: people might not for preferred to go back but made for for reform to occur in a less cutthroat way. am sitting here and i am watching and listening to people here in america talk about maggie thatcher like she is some kind of angel. . was born in barbados as a young man, six years old, ira member maggie thatcher's campaigns before she became prime minister. she was a racist. i am a black man. wanted to chase us back to the sugarcane fields in jamaica and the serengeti plains. my father, who worked in transport, he would talk about her talking about if you are 30 and still taking the bus -- guest: i think it is tremendously important as a point. i would argue that she was not racist, certainly by the time she was prime minister, you did not see racism on her. s
and was a flat rate local tax as opposed to a local income tax. was a duke would pay the same for local public services as a dustman. the public reacted incredibly badly. her own colleagues said the idea had to be softened and she got into the dogmatic mindset. it ultimately undid her. --st: people might not for preferred to go back but made for for reform to occur in a less cutthroat way. am sitting here and i am watching and listening to people here in america talk about maggie thatcher like...
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Apr 24, 2013
04/13
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people to pay taxes. i cannot recall everything he said, but it spoke of hypocrisy. i don't know. i did you are for it or against it, but you should be the same viewpoint and carry on the same kind of methodology. it should bethat paid because there should be an equal platform between internet businesses and brick-and-mortar businesses. there should not be the huge disadvantage. if people want all these government benefit programs and they cried about paying taxes, why should they fret? there should be no democrats saying they don't want the tax. host: this is the editorial section of usa today -- next to their opinion is one written by the vice president and deputy general counsel of government relations at ebay. ebay would like the exemption to be for businesses with 50 than $10 or less million. so there is an exemption for small businesses. ebay would like it to be higher. we will go to gary knell in cameron, north carolina, who supports the legislation. caller: i do. because i don't think it's fair. p
people to pay taxes. i cannot recall everything he said, but it spoke of hypocrisy. i don't know. i did you are for it or against it, but you should be the same viewpoint and carry on the same kind of methodology. it should bethat paid because there should be an equal platform between internet businesses and brick-and-mortar businesses. there should not be the huge disadvantage. if people want all these government benefit programs and they cried about paying taxes, why should they fret? there...
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Apr 16, 2013
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taxes, our corporate taxes. that's an unlevel playing field and the person that's disadvantaged is not the owner of the ford. the person that's disadvantaged is the employee at ford who needs to have that job. we used to have a ford line and a g.m. line in the city of atlanta, mr. speaker. they are both closed. they are both closed today because they couldn't make it work. werk bring those jobs back to america, mr. speaker. more importantly, we can prevent jobs from leaving america, not because we're making them stay, not because we're going to tax them if they leave but because we make america the magnet for job creation and economic activity across the planet. today, we're the worst, mr. speaker. tomorrow, we can bring ourselves back to the middle, but my question to the body today, mr. speaker, is, why don't we commit ourselves to making america the very best place to do business on the planet? we can continue to borrow money from the chinese if we want to, mr. speaker. we can continue to add burden to all of
taxes, our corporate taxes. that's an unlevel playing field and the person that's disadvantaged is not the owner of the ford. the person that's disadvantaged is the employee at ford who needs to have that job. we used to have a ford line and a g.m. line in the city of atlanta, mr. speaker. they are both closed. they are both closed today because they couldn't make it work. werk bring those jobs back to america, mr. speaker. more importantly, we can prevent jobs from leaving america, not because...
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Apr 17, 2013
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tax code. the united states has the highest corporate tax rate in the world. simply filing our tax code and closing loopholes for everyone will help create an environment that encourages job growth and increases wages. the ryan budget is based on such reforms. these reforms can help get americans back to work. mr. stivers: i yield back the balance of my time. thank you, mr. speaker. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from california is recognized for one minute. mr. kosta: thank you -- mr. costa: thank you, mr. speaker. on monday in boston we were reminded how vulnerable we all are as americans and how important it is that we stay together. today i rise to recognize the merced community violence intervention and prevention task force. this hardworking organization in the a joaquin valley i re
tax code. the united states has the highest corporate tax rate in the world. simply filing our tax code and closing loopholes for everyone will help create an environment that encourages job growth and increases wages. the ryan budget is based on such reforms. these reforms can help get americans back to work. mr. stivers: i yield back the balance of my time. thank you, mr. speaker. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> unanimous...
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Apr 22, 2013
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increase it is deficit reduction without a tax increase. i think it is the kind of deficit reduction that we can get bipartisan support for in the country. what about public education? public schools don't teach children how to read english marry well and don't teach american history. it is being worked on a state- by-state, but that is the problem for kids who are born here as well as everybody else in terms of the quy of ucey getting. bill clinton worked with the republican congress to reform aid to families with dependent children. none of those are arguments for getting in the way of immigration before. then there's the question of entitlement. the entitlement system is out of whack and needs to be reformed. let's reform public education and the welfare system, but let's move forward now on immigration reform as well. thank you. >> thank you very much. you talked aboutany .mmigrants who are not legal they have no legal recourse when something happens, if they are $20 and youpay you have no legal recourse. my wife is a registered nurse.
increase it is deficit reduction without a tax increase. i think it is the kind of deficit reduction that we can get bipartisan support for in the country. what about public education? public schools don't teach children how to read english marry well and don't teach american history. it is being worked on a state- by-state, but that is the problem for kids who are born here as well as everybody else in terms of the quy of ucey getting. bill clinton worked with the republican congress to reform...
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Apr 24, 2013
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first false solution, we need more tax revenue. we're not taxing ourselves enough. only if we tax more, especially from the quote-unquote rich, those who haven't paid their fair share, quote-unquote, we solve this debt problem. let me address that for a minute. this is a -- this is one slide that doesn't come from the budget committee, it comes from the i.r.s., i have no reason to dispute it, i saw it in the "wall street journal" a couple of years ago and the bars represent where the money in this country is. the taxable revenue. where people's property is. and it's divided along income groups and if you look at the far right of this chart, you'll see that the top, the furthest right bars represent americans who have taxable revenue of anywhere from $1 million to $10 million. and the largest, the highest bars, where the middle is, represent americans who have taxable revenue of anywhere $500,000 a to year. the point of the slide is, you can take all the millionaires' money if you wanted. really make them pay their fair share. take 100% of what they earn and you'll h
first false solution, we need more tax revenue. we're not taxing ourselves enough. only if we tax more, especially from the quote-unquote rich, those who haven't paid their fair share, quote-unquote, we solve this debt problem. let me address that for a minute. this is a -- this is one slide that doesn't come from the budget committee, it comes from the i.r.s., i have no reason to dispute it, i saw it in the "wall street journal" a couple of years ago and the bars represent where the...
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Apr 17, 2013
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aswas a flat rate, local tax opposed to an income tax or property tax. the idea took hold that a dutchman or aid duke would pay the same. the country reacted incredibly badly. she had gotten into that dogmatic mindset. it ultimately undid her. host: c-span democrat on twitter -- people would not prefer to go back, but they would probably perform her firm to the cutthroat and disruptive way. john from north carolina, independent caller. caller: i am sitting and watching two speakers in america talk about maggie thatcher as if she was some kind of angel. i was born in barbados. i first migrated to england in 1964 as a young man, six years old. i remember maggie thatcher's campaigns before she became prime minister. she was a racist. she called us scalia walks. i am a black man. ywogs.ll in theer, who worked transport, would talk about the bus. if you are 30 and so they gave us -- she hated you. guest: i think it is a tremendously important point. i would argue that she was not racist, certainly by the time she was prime minister, you did not see racism on
aswas a flat rate, local tax opposed to an income tax or property tax. the idea took hold that a dutchman or aid duke would pay the same. the country reacted incredibly badly. she had gotten into that dogmatic mindset. it ultimately undid her. host: c-span democrat on twitter -- people would not prefer to go back, but they would probably perform her firm to the cutthroat and disruptive way. john from north carolina, independent caller. caller: i am sitting and watching two speakers in america...
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Apr 16, 2013
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the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot of little things like that within our immigration system that should be tweaked and never are. >> having immigrants and america can be very valuable to our economy. >> immigrants create jobs, create businesses, pay taxes. even those that are of -- not documented, it will pay a wide range of taxes. >> your testimony was that immigration actually saved new york, stimulation of the economy. can you briefly describe how that worked? >> i cannot speak with authority on any place outside of the five boroughs of new york city. i can tell you we think we have roughly 500,000 undocument
the problem is is the way we have done it, they do not pay tax. you have to pay tax. and the employer would pay the tax. a ford are did not pay because it will not be here -- foreigner does not pay because they will not be here long. but we did not have the employer pay either. if the employer hires you, you will have to pay 15 percent more. why would anyone hire american when you can hire foreigners and pay them 15% less? with high unemployment, is the sticking point for a lot of people. a lot...
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Apr 19, 2013
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it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax would take place. whether to do it will be decided by october. if we end up having picked up an economy by then, we can raise the tax, but if it does not look that well then, the timing of the raising of the tax will be deferred to a later date. i am sure in this kind of response we have been seriously considering the implications of the tax increase trade you asked me if i could make a decision right now to say definitely that taxation will be raised, stage we cannot say that definitely. we have to allow more time to make sure that the economy will really get better. then the judgment will be made definitely.
it used to be in 1997 that the total tax revenue raised from the corporate tax, income tax, and the consumption tax was 41 trillion yen, but in the following year, it was reduced down to 37 trillion yen. we hope it would add another five trillion yen to the retina. instead we lost four trillion yen. >> speaking in ja artyast year the ruling was able to strike an agreement, 18 provisionse included. have d.c. first of all to pick up the economy, otherwise there is no way the consumption tax...
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Apr 19, 2013
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they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of preparing for hearings today, the members on that tradition in committee who were not part of the gang of eight are working to try to read through the whole bill in time during it is a bit of direct process. in terms of how it came toth, e grp of lawmakers has been meeting sce after the el to start thinking about how twaedimgr mbshf p s shted. the senator from utah was involved in talks but ultimatel decided not to go along with the direction of the game because he had concerned about the direction of citizenship. it really came together in february when marco rubio signed on, re
they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of...
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Apr 16, 2013
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baca: taxes, most americans support this proposals far more than did in 2007. [inaudible. >> yeah. and frankly elections have had an impact as well. but i would say this, both the senate and the american people are at one with this. they will be -- they will support. the senate and the american people will support commonsense, balanced solution and the 11 million who are here illegally, provided that they have assurance that we will not have future waves of illegal immigration. john has made that a watch word as we have moved this bill through. and we believe those provisions are very important. the president didn't believe in a trigger, but we did. we created a trigger that is achievable and specific so it can't be used as an excuse not to provide the path to citizenship. >> in 2007 once the bill was introduced was when you started to get the wave of talk radio critics and the town hall meetings that i know senator mccain remembers well, so, there is already some chatter -- is there any reason to believe that that same din milk -- >> thanks to the effort of a lot of us, but especi
baca: taxes, most americans support this proposals far more than did in 2007. [inaudible. >> yeah. and frankly elections have had an impact as well. but i would say this, both the senate and the american people are at one with this. they will be -- they will support. the senate and the american people will support commonsense, balanced solution and the 11 million who are here illegally, provided that they have assurance that we will not have future waves of illegal immigration. john has...
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Apr 18, 2013
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hultgren: back in 1900 tax freedom day was january 22. when taxes amounted to 5.9% of a person's income. today that figure has grown to 29.4%. we have come a long way in the last past century digging deeper and deeper into the pockets of hardworking men and women in america and digging ourselves deeper in debt in the process. this -- the tax reform component of the budget this house passed in march, would take a major step forward. allowing families to keep more of their money they earn and making government more accountable. let's finish the job this year. i yield back. the speaker pro tempore: the gentleman yield back. for what purpose does the gentlewoman from connecticut seek recognition? ms. delauro: unanimous consent to address the house for one minute. revise and extend. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. miss ms. esty: i have had the honor of getting to know many families in newtown. they live with grief so deep any mother or father can only imagine. i was honored to be with b
hultgren: back in 1900 tax freedom day was january 22. when taxes amounted to 5.9% of a person's income. today that figure has grown to 29.4%. we have come a long way in the last past century digging deeper and deeper into the pockets of hardworking men and women in america and digging ourselves deeper in debt in the process. this -- the tax reform component of the budget this house passed in march, would take a major step forward. allowing families to keep more of their money they earn and...
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Apr 24, 2013
04/13
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the burden of preparing your taxes is now nearly as onerous as actually paying for the taxes. it takes 13 hours for the average american to prepare his or her taxes. the tax code remains almost four million words, many of which are incomprehensible. we must all work together to free small businesses and individuals of the most complex regulation of them all, the federal income tax code. hank you, madam speaker. the speaker pro tempore: for what purpose does the gentleman from ohio seek recognition? >> i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, i rise today along with several of my pro-life colleagues to bring attention to the ongoing trial of kermit gosnell, an abortionist in philadelphia. mr. johnson: he ask charged with murdering a woman and first-degree murder of four infants who survived abortions cutting their by spinal cord by a pair of scissors. he had a solution for unwanted babies. he killed them. he didn't call
the burden of preparing your taxes is now nearly as onerous as actually paying for the taxes. it takes 13 hours for the average american to prepare his or her taxes. the tax code remains almost four million words, many of which are incomprehensible. we must all work together to free small businesses and individuals of the most complex regulation of them all, the federal income tax code. hank you, madam speaker. the speaker pro tempore: for what purpose does the gentleman from ohio seek...
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Apr 17, 2013
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but it also this mine is bringing in property taxes to our local schools. it's helping the economy, the entire county this region of the district. plus it is powering two of our local power plants nearby. so this is very exciting for us and we want to see this continue rather than have the current administration through the e.p.a. try to rein this in and force us to rely on more expensive, untested energy sources in our country. you know, president obama and the e.p.a. are pushing this overprescriptive regulatory agenda without adequate cost benefit analysis, workable timelines and input from the industry. and both of the proposed and current regulations being promoted by the e.p.a. are having sweeping negative impacts on coal-fueled electricity generation in this country. according to the national economic resorgee -- research associates, it is estimated that compliance costs of these e.p.a. regulations on the electric sector will average $15 billion to $16 billion per year and who pays for that? who is going to pay for the extra cost -- extra cost to our
but it also this mine is bringing in property taxes to our local schools. it's helping the economy, the entire county this region of the district. plus it is powering two of our local power plants nearby. so this is very exciting for us and we want to see this continue rather than have the current administration through the e.p.a. try to rein this in and force us to rely on more expensive, untested energy sources in our country. you know, president obama and the e.p.a. are pushing this...
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Apr 20, 2013
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some money comes from illicit taxes from afghan people and some money comes from external support from outside the region. >> when you look at the places that they go in pakistan, the frontier areas, double pakistan, -- do you believe pakistan, number one, has control over those areas and number two, can control over those areas? >> senator, pakistan does not have control over those areas right now. they have had over 15,000 killed and wounded in operations in that area over the past decade. they've had hundreds killed and wounded in the past several weeks as they've tried to gain control in the khyber area. i think that's a clear indication they cannot control the border area and the taliban that are operating freely inside of that border area. >> what do you see as a rule for the taliban, if any, in the future afghan government as we transition out, as discussions are taking place. how do you envision that future afghan government? obviously there are elections coming up but how are we looking at the transition for the afghan government? >> the state department has the lead now on wo
some money comes from illicit taxes from afghan people and some money comes from external support from outside the region. >> when you look at the places that they go in pakistan, the frontier areas, double pakistan, -- do you believe pakistan, number one, has control over those areas and number two, can control over those areas? >> senator, pakistan does not have control over those areas right now. they have had over 15,000 killed and wounded in operations in that area over the...
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Apr 20, 2013
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it translates to hundreds of thousands who can't pay taxes, and support their families on their own time. the evidence also indicated that in addition to employment levels, illegal immigration drove down wage levels. studies by the federal reserve bank of atlanta, for example, showed that illegal immigration was attributable to the nearly $960 per year decrease in wage levels of documented georgians. in leisure and hospitality industries, it was $1520. for doctors and lawyers, and may not be a lot. , $80esident obama observed per month is significant for most families. it goes towards groceries, rent, gasoline. recent history shows that grant of lawful status further increases the influx of illegal immigrants, forcing out unskilled laborers and thereby depressing the wage and employment levels of those americans. in addition to that, that leads to more americans, depending on the government for subsistence. before thece commission is that grant of status is not without substantial cost to the american worker. thank you. as with all witnesses, the statement will be made part of the record
it translates to hundreds of thousands who can't pay taxes, and support their families on their own time. the evidence also indicated that in addition to employment levels, illegal immigration drove down wage levels. studies by the federal reserve bank of atlanta, for example, showed that illegal immigration was attributable to the nearly $960 per year decrease in wage levels of documented georgians. in leisure and hospitality industries, it was $1520. for doctors and lawyers, and may not be a...
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Apr 20, 2013
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and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with the internal revenue service? guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks or systems would be held by private companies but then provided to the government, that this private information would not be stripped by the companies first. in the president's executive order, the onus would be on the privacy advocates. companiesthe private to strip any private information that might be caught up within the context of cyber threat information. first one has to understand the definition of cyber threat. it is unlikely but not impossible that your private tax information, your e-mail content would be part of that information that is a cyber threat information that would be given to the government. is there a possibility that it would be lumped in with that? yes. so whose responsibility is it to minimize and get rid
and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with the internal revenue service? guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks or systems would be held by private companies but then provided to the government, that this private information would not be stripped by...
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Apr 20, 2013
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and lawyers, that may not be a lot that is president obama observed in the extension of the payroll tax cut, $80 per month as significant for most families. ghost was groceries, rent, gasoline. grant of lawful status further increases the influx of illegal immigrants. further forcing out low skilled the wage the pressing and employment levels of those americans. leadsition to that, that to more americans depending on the government. that the for the federal government, due deliberation be given to the effect of that grant on the wage and employment levels of low skilled americans because the evidence before the commission is that grant of said status is not without substantial cost to the american worker. thank you. >> as of all witnesses, a full statement will remain part of the record. the president of the american action forum. good to have the year. please go ahead. >> thank you chairman. it is a privilege to be here today i submitted a written statement for the record. let me briefly make three points. the immigration reform bill before you as many aspects. there are important secu
and lawyers, that may not be a lot that is president obama observed in the extension of the payroll tax cut, $80 per month as significant for most families. ghost was groceries, rent, gasoline. grant of lawful status further increases the influx of illegal immigrants. further forcing out low skilled the wage the pressing and employment levels of those americans. leadsition to that, that to more americans depending on the government. that the for the federal government, due deliberation be given...
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Apr 18, 2013
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tax for things that can make or break our educational system -- creativity, relevance, technology, teachers. without funding, the educational system is worthless. lookhool systems have to at budgets and say what can make that? they will not cut math out of the curriculum. they will not cut reading. so they end up cutting the things we think of as extras -- music, art, physical education, resources that might be educational -- that might be essential to some kids think successful. >> this is chelsea and she is a special ed student. >> i have dyslexia. i go to a special at school. without it, i would be in trouble because they help me with my dyslexia. mr. president, if you cut the funds i want to be able to learn from early in my future will be in jeopardy. >> mr. president, every day there are millions of kids are struggling i need help, mr. president. >> dear mr. president, they need your help. policy education is a major issue in america and must be addressed. it is spinning out of control. the drive america's odense and their contributions to society are in your hands. with your health,
tax for things that can make or break our educational system -- creativity, relevance, technology, teachers. without funding, the educational system is worthless. lookhool systems have to at budgets and say what can make that? they will not cut math out of the curriculum. they will not cut reading. so they end up cutting the things we think of as extras -- music, art, physical education, resources that might be educational -- that might be essential to some kids think successful. >> this...
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Apr 17, 2013
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: i offer this amendment to ensure that library records, firearm sales records, medical records and tax returns are not included in any information voluntarily shared with the government under cispa. through the under-- though the underlying bill would not permit this information unless it is a cyberthreat information, i bill support this amendment as it settles some members' concerns and reflects an amendment passed last year overwhelmingly. with that, madam chair, i urge this body's support of this clarification amendment and reserve the -- reserve the balance of my time. the chair: the gentleman from michigan reserves. the gentleman from maryland. mr. ruppersberger: i rise in opposition even though i am not opposed. the chair: the gentleman is recognized. mr. ruppersberger: i support chairman ronellers' amendment ensure the privacy. i yield back. the chair: the gentleman from maryland yield back. the gentleman from michigan. mr. rogers: i yield back. the chair: the question is on the amendment offered by the gentleman from michigan. those in favor say aye. those opposed, no. in the o
: i offer this amendment to ensure that library records, firearm sales records, medical records and tax returns are not included in any information voluntarily shared with the government under cispa. through the under-- though the underlying bill would not permit this information unless it is a cyberthreat information, i bill support this amendment as it settles some members' concerns and reflects an amendment passed last year overwhelmingly. with that, madam chair, i urge this body's support...
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Apr 22, 2013
04/13
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then they are not able to pay their income taxes, get higher paying jobs, pay higher income taxes for the government. that goes into a vicious cycle. >> if we don't have the money, we cannot buy textbooks and supplies for our students. >> college seniors who graduated in 2009 carried on average of $24,000 in student loan debt, up 6% from 2008. >> it continues growing. today, student loan debt has climbed to an average of nationwide. >> if they don't go to college, how they're going to afford a place to live, and once they get t of clege, how they're going to pay back these student loans that are so huge. >> i just think everything is just up in the air and nobody knows from year to year what is going to happen. >> we inherent the nation and therefore the debt and the economy. if our nation is unable to support our futures, how will we be able to pursue our own happiness and dreams? >> the economy supports the people. >> from small businesses, to jobs, to income -- >> and as a younger generation -- >> we hope to begin our lives in a nation -- >> that creates many opportunities -- >> fo
then they are not able to pay their income taxes, get higher paying jobs, pay higher income taxes for the government. that goes into a vicious cycle. >> if we don't have the money, we cannot buy textbooks and supplies for our students. >> college seniors who graduated in 2009 carried on average of $24,000 in student loan debt, up 6% from 2008. >> it continues growing. today, student loan debt has climbed to an average of nationwide. >> if they don't go to college, how...